A saving account that has 12000$ deposited earns 2.1% annual interest compound weekly. How much interest is earned on the deposit in 5 years?

Q: Suppose an amount ₱ 500.00 is invested for 2 years at 6% interest rate. How much is the earning of…

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Q: $10,000 is deposited for 2 years in an account that earns 5% interest.  calculate the simple…

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Q: Yoy deposit $200 each month in an account earning 3% interest compounded monthly. How much total…

A: Given that $200 deposited each month in an account and earning 3% interest compounded monthly.

Q: Jason invests $6000 in a savings account. The savings account pays compound interest at a rate of…

A: Let's find.

Q: $5000 is invested in a stock that returns getting 8% compounded monthly. how much interest will be…

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Q: sam deposits 150 in a savings account and earns 6% compounded monthly will she have enough savings…

A: Follow the steps.

Q: A deposit of Php 21,500 earn 6% interest compounded quarterly. How much money is in the bank after 6…

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Q: Determine the interest earned if $87000 is invested at 1.7% simple interest for 47 months.

A: .

Q: Assume that a car loses 10% of the value it had at the beginning of the year. Find its value at the…

A: Given the initial value of the car at the start of the year is $30,000. The car loses 10% of the…

Q: The principal represents an amount of money deposited in a savings account subject to compound […

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Q: An investment pays simple interest, and triples in 17 years. What is the interest rate

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Q: Sam invests $ 2500 into an account earning 5% interest compounded quarterly. How long will it take…

A: Given that, r = 0.05,  n = 4,  P = $2500 Consider that the future amount is doubled. That is, A…

Q: Find the principal invested if $495 interest was earned in 3 years at an interest rate of 6%.

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Q: A savings account that has 850$ deposited on march 1st earns 0.4% annual interest compounded daily.…

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Q: Find the amount of money in an account after 4 years if $1800 is deposited at 5% annual interest…

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Q: Find the interest earned after 3 years if P12 000 is deposited a savings account which earns 5%…

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Q: Your local bank has a saving account that pays interest of 8% semiannually. You place 2600 in the…

A: We will find out the required value.

Q: Determine the interest earned if $5000 is invested at 4.3% simple interest for 9 years.

A: We have direct formula for simple interest.